UGL Limited (UGL) today announced that it has signed a Master Service Agreement with Westpac Banking Corporation Limited for the integrated management of Westpac’s Australian property, real estate, facilities and capital works services.
UGL Services business has been contracted for an initial five years which can be extended to a total of nine years. The new agreement is in addition to property related works which UGL Services has been providing to Westpac and St George Banks in Australia for over four years. UGL Services now manages over 865,000 sqm2 of space on behalf of Westpac nationally and has a team of over 120 professional resources dedicated to delivering these services.
The new contract is regarded as the most advanced end-to-end offering in the property and outsourcing sector and includes: general services, real estate services, facilities management, including client services and critical site management, data centres, workplace management, program management, finance and data management, contract governance and performance management, and transition works. UGL Services was awarded the contract following an independently conducted market procurement exercise, and was successful due to its scale, market leading systems, innovative services, its ability to provide a broader range of services under the one contract, and its proven track record in the financial services sector.
UGL’s Managing Director and CEO Richard Leupen said that UGL Services continues to benefit from the growing trend for government departments and large blue chip organisations to outsource their non-core activities in order to lower their cost base. He said UGL Services has a successful track record in the financial services sector and this new partnership with Westpac confirms the group’s position as a market leader in outsourced property and BPO services.
Tags: New contract, Real estate, UGL, UGL Limited, WBC, Westpac Bank
